This Budget Brief 2016 contains amendments of Sindh Finance Bill 2016 as it relates to Sindh Sales Tax on Services Act, 2011; Stamp Act 1899; Sindh Urban Immovable Property Tax Act, 1958; and Sindh Development and Maintenance of Infrastructure Cess.
The provisions of the Sindh Finance Bill 2016 are generally applicable from 01 July 2016, unless otherwise specified.
This also contains summary of already enacted Sindh Companies Profits (Workers’ Participation) Act, 2015.
This Memorandum contains the comments, which represent our interpretation of the legislation, and we recommend that while considering their application to any particular case, reference be made to the specific wordings of the relevant statutes
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